MIRC Electronics Limited (MIRCELECTR) — Board Meeting

· NSE 🟡 Notable Neutral
📢 Key Event
EGM approved preferential issuance of convertible warrants.
🔄 What Changed
Special resolution passed to issue convertible warrants on a preferential basis.
🔮 What's Next
Scrutinizer's report and voting results to be submitted to BSE and NSE within stipulated time.
💡 Investor Takeaway
The preferential warrant issue may dilute existing shareholders' equity.

Onida Electronics Limited, formerly MIRC Electronics, held its Extra-Ordinary General Meeting on June 8, 2026 via video conference, confirming quorum and enabling e-voting through NSDL. Chairman Vijay Mansukhani presided as members approved a special resolution to issue convertible warrants on a preferential basis, completing proceedings within 18 minutes.

📄 View Original Announcement (PDF)

About MIRC Electronics Limited (MIRCELECTR)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹1,528.55 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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